-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, KckI2Bvg+CpqDwspJ1MKCAVqzxZSQmmlBvCnXn0bHphByh3doJVaOGME09CaLW+B rQUpfI3k47oHqLzSp2NNoQ== 0000070145-97-000070.txt : 19971127 0000070145-97-000070.hdr.sgml : 19971127 ACCESSION NUMBER: 0000070145-97-000070 CONFORMED SUBMISSION TYPE: U-9C-3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19970930 FILED AS OF DATE: 19971126 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: NATIONAL FUEL GAS CO CENTRAL INDEX KEY: 0000070145 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS DISTRIBUTION [4924] IRS NUMBER: 131086010 STATE OF INCORPORATION: NJ FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: U-9C-3 SEC ACT: SEC FILE NUMBER: 074-00027 FILM NUMBER: 97729381 BUSINESS ADDRESS: STREET 1: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 BUSINESS PHONE: 7168576980 MAIL ADDRESS: STREET 1: 10 LAFAYETTE SQ STREET 2: 10 LAFAYETTE SQ CITY: BUFFALO STATE: NY ZIP: 14203 U-9C-3 1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM U-9C-3 QUARTERLY REPORT PURSUANT TO RULE 58 For the Quarterly Period Ending September 30, 1997 Registered Holding Company: National Fuel Gas Company (A New Jersey Corporation) 10 Lafayette Square Buffalo, New York 14203 ITEM 1 - ORGANIZATION CHART
Name of Reporting Co. Energy or Gas Date of State of Percentage of Nature of Business Related Organization Organization Voting Securities Held National Fuel Gas Company Gas 1902 New Jersey Holds all voting The Company is an integrated securities of the natural gas operation engaged in reporting companies owning and holding securities except as indicated issued by its subsidiaries. below. Seneca Independence Gas 1997 Delaware 100% Construct and operate Pipeline Company (New) interstate natural gas transportation facilities. Niagara Independence Gas 1997 Delaware 100% Gas marketing. Marketing Company (New) DirectLink Gas Marketing Gas 1997 Delaware 25% Gas marketing. Company (New) Niagara Energy Gas 1996 Delaware 100% Gas marketing. Trading Inc. (New)
NARRATIVE DESCRIPTION: National Fuel Gas Company is not a "reporting company" but is included in this Item 1 because it holds directly or indirectly voting securities issued by the reporting companies. During the quarter ended September 30, 1997, the reporting companies engaged in the following activities: Seneca Independence Pipeline Company ("SIP") executed an agreement to acquire a 25% general partnership interest in Independence Pipeline Company ("Independence"), upon receipt of approval by the SEC under the PUHCA (see Form U-1 filed 10/6/97, File 70-9117). Under certain conditions, SIP has an option to become a 33.33% owner of Independence. Niagara Independence Marketing Company became a 25% general partner in DirectLink Gas Marketing Company ("DirectLink") on September 23, 1997. DirectLink executed precedent agreements under which, upon satisfaction of various conditions, DirectLink would purchase firm natural gas transportation services from (i) Independence for about 500,000 Dth/day, and (ii) ANR Pipeline Company for about 507,000 Dth/day. These tyransactions are also described in the Form U-1 at File No. 70-9117. Niagara Energy Trading Inc. ("NET") had been formed without issuing any voting stock in 1996. In July 1997, NET made its initial issuance of common stock to National Fuel Gas Company. NET executed a short-term maximum-rate firm natural gas storage agreement for 200,000 Dth with National Fuel Gas Supply Corporation (an associate company) which allows NET to inject gas into storage during November and December 1997, and to withdraw gas from storage beginning December 1997 through February 1998. ITEM 2 - ISSUANCE OF SECURITIES AND CAPITAL CONTRIBUTIONS
Company Type of Principal Amount Issue or Cost of Person to Collateral Consideration Issuing Security of Security Renewal Capital Whom Security Given With Received for Stock Issued Was Issued Was Issued Security Each Security Seneca Stock 1000 Shares Issue N/A National N/A $1,000 Independence Fuel Gas Pipeline Company Company DirectLink Gas General 25% Interest Issue N/A Niagara N/A $0 Marketing Partnership Independence Company Interest Marketing Company Niagara Stock 1000 Shares Issue N/A National N/A $1,000 Independence Fuel Gas Marketing Company Company Niagara Stock 1000 Shares Issue N/A National N/A $1,000 Energy Fuel Gas Trading Company Inc.
ITEM 3 -ASSOCIATE TRANSACTIONS PART 1 - TRANSACTIONS PERFORMED BY REPORTING COMPANY ON BEHALF OF ASSOCIATE COMPANIES
Reporting Co. Associate Co. Types of Direct Indirect Cost of Total Amount Billed Rendering Receiving Services Costs Costs Capital Services Services Rendered Charged Charged NONE
PART 2 - TRANSACTIONS PERFORMED BY ASSOCIATE COMPANIES ON BEHALF OF REPORTING COMPANY
Reporting Co. Associate Co. Types of Direct Indirect Cost of Total Amount Billed Rendering Receiving Services Costs Costs Capital Services Services Rendered Charged Charged NONE
ITEM 4 - SUMMARY OF AGGREGATE INVESTMENT Investment in Energy Related/Gas Related Companies: (in thousands) NOTE: All the Reporting Companies are gas-related companies; none are energy-related companies. Investments in Gas-Related Companies: Total Current Aggregate Investment: Pipeline activities $1,000 Marketing activities 2,000 ------ Total Current Aggregate Investment: $3,000 ITEM 5 - OTHER INVESTMENTS
Major Line of Energy- Other Investment in last Other Investment in This Reason For Difference Related Business U-9C-3 Report U-9C-3 Report in Other Investment NONE
ITEM 6- FINANCIAL STATEMENTS AND EXHIBITS A. FINANCIAL STATEMENTS: 1. Balance Sheet for Seneca Independence Pipeline Company - Attached 2. Balance Sheet for Niagara Independence Marketing Company - Attached 3. Balance Sheet for Niagara Energy Trading Inc. - Attached NOTE: DirectLink Gas Marketing Company had no assets or liabilities at September 30, 1997. B. EXHIBITS: NONE Seneca Independence Pipeline Company (New Company) Balance Sheet At September 30, 1997 (Unaudited) ASSETS Current Assets Cash & Temporary Cash Investments $1,000 ====== CAPITALIZATION Common Stock $1,000 ====== Niagara Independence Marketing Company (New Company) Balance Sheet At September 30, 1997 (Unaudited) ASSETS Current Assets Cash & Temporary Cash Investments $1,000 ====== CAPITALIZATION Common Stock $1,000 ====== Niagara Energy Trading Inc. (New Company) Balance Sheet At September 30, 1997 (Unaudited) ASSETS Current Assets Cash & Temporary Cash Investments $1,000 ====== CAPITALIZATION Common Stock $1,000 ====== SIGNATURES Pursuant to the requirements of the Public Utility Holding Company Act of 1935, National Fuel Gas Company has duly caused this report to be signed and authorized on its behalf by the undersigned. Please direct inquiries concerning this report to the undersigned at (716) 857-7702 Dated: November 26, 1997 By /s/ James R. Peterson ------------------------------------- James R. Peterson Assistant Secretary -----END PRIVACY-ENHANCED MESSAGE-----